Crowded marketplaces of home warranty plans can make it difficult to select the best coverage for your needs. When choosing a home warranty, there are several key criteria to consider.
Coverage: What Does It Cover?
- Appliance repair or replacement (e.g., water heater, dryer, refrigerator)
- Plumbing services (e.g., leaky faucets, clogged drains)
- Electrical work (e.g., blown fuses, damaged outlets)
Look for a warranty that covers your specific appliances and includes coverage for repairs or replacements. Check if it also includes additional benefits like appliance upgrade programs.
Costs: How Much Will It Cost You?
- Deductible: The amount you pay out-of-pocket before the warranty kicks in
- Annual premium: The monthly or quarterly cost of maintaining coverage
- Service contractor network: The list of authorized contractors who can repair your appliances
Research and compare different warranty plans to find one that fits within your budget. Check for any additional fees, such as late payment penalties.
Service Contractors: Who Covers the Labor?
- Tier 1 contractors (usually local or national): These are usually the most affordable option and may require a higher deductible
- Tier 2 contractors (often certified by industry associations): These contractors have more experience and training, but often come with a higher premium
- Tier 3 contractors (typically high-end or luxury brands): These contractors are usually the most expensive option, but may offer additional benefits and warranties
Check if each service contractor has a good reputation, reviews, and an established track record of reliability. This will help you make an informed decision about who to hire.
At Jaxtr, we understand the importance of choosing the right home warranty plan. Our expert team is here to guide you through the process and help you select the perfect coverage for your home.